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Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

General

05 August, 2019

Grapevine: Blackstone, CDPQ in deal news; PhonePe, Cred seek funding

Billionaire Yuri Milner’s DST Global, Ribbit Capital, Falcon Edge, Green Oaks, China’s Hillhouse Capital, and others...

Manipal set to buy Medanta; PhonePe, Lenskart in talks for big funding rounds

General

27 May, 2019

Manipal set to buy Medanta; PhonePe, Lenskart in talks for big funding rounds

Ranjan Pai-led Manipal Hospitals is set to acquire hospital chain Medanta for Rs 5,800 crore ($835 million) after two years ......

Citigroup looks to expand India retail banking business with Paytm tie-up

Finance

14 May, 2019

Citigroup looks to expand India retail banking business with Paytm tie-up

India’s top digital payments firm Paytm on Tuesday launched a credit card with Citigroup, widening its financial product...

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Dutch investor FMO bets on second fin-tech startup

TMT

02 May, 2019

Dutch investor FMO bets on second fin-tech startup

Dutch development bank FMO, which counts India as one of the top countries in terms of its investment allocation, has ......

Wockhardt in talks with KKR, Bain for funding; ADIA-backed Lake Shore buys mall

General

27 March, 2019

Wockhardt in talks with KKR, Bain for funding; ADIA-backed Lake Shore buys mall

Drugmaker Ltd Wockhardt Ltd has started discussions with private equity firms KKR and Bain Capital to raise $300 million (Rs ......

Emily McNeal to head Flipkart's $60-100 mn startup fund

Finance

27 March, 2019

Emily McNeal to head Flipkart's $60-100 mn startup fund

Homegrown e-commerce giant Flipkart, one of the storied companies built through venture capital funding till its acquisition by...

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

General

11 February, 2019

Norway's Equinor may buy into ReNew Power; KKR, General Atlantic eye PhonePe

Norwegian state-backed energy company Equinor ASA plans to buy a substantial stake in Indian renewable energy company ReNew Power...

Sequoia Capital leads fresh funding round in payments firm MobiKwik

TMT

18 December, 2018

Sequoia Capital leads fresh funding round in payments firm MobiKwik

Digital payments firm One MobiKwik Systems Pvt. Ltd, which runs MobiKwik, has raised around Rs 24 crore ($3.38 million) in ......

PhonePe buys Tiger Global-backed PoS platform Zopper Retail

TMT

16 July, 2018

PhonePe buys Tiger Global-backed PoS platform Zopper Retail

PhonePe, the digital payments arm of homegrown e-commerce major Flipkart, on Monday announced the acquisition of Zopper ......

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

TMT

06 July, 2018

PhonePe to acquire PoS platform of Tiger Global-backed Zopper

PhonePe, the digital payments arm of homegrown e-tailer Flipkart, is in advanced talks to acquire the Point of Sale ......

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